Ukraine is witnessing a slowdown in inflation: according to the State Statistics Service, the consumer price index increased by only 0.3% in February this year, compared to 0.4% in January. The annual inflation rate decreased from 4.7% in January to 4.3%.

Core inflation remained stable in February, maintaining the 0.4% rate seen in January. In recent months, core inflation has been on a downward trend, falling from 0.3% in November to zero in December.

Prices for food and non-alcoholic beverages increased by 0.4% in February. However, the cost of clothing and footwear declined by 3.5%, with clothing falling by 3.5% and footwear by 3.4%.

Also worth noting is a 0.2% decline in transportation prices. This was mainly due to a 2.1% decrease in rail passenger transportation fares and a 0.5% decrease in fuel and oil prices.

Although we are seeing a certain decline in inflation, this does not mean that the situation is stable. Economic analysts continue to monitor developments closely, especially with regard to geopolitical factors and domestic economic trends.

The government and economic agencies remain vigilant to take the necessary measures to maintain economic stability and bring inflation under control.